Quipt Home Medical Corp T.QIPT

Quipt to enter diabetes market?

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News to me but I haven't listened to the CC yet. If disclosed there why didn't these bozos put in the news release.   

https://www.hmenews.com/article/quipt-reports-q2-increase-announces-plans-to-add-diabetes

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From the CC transcript. These boneheads should be disclosing this in news releases. Fire the IR dept. Our targeted initiatives aimed to drive volume-based growth through enhanced sales efforts, deepened relationships with health care providers and payers and gain access to desired geographic areas. As it relates to cross-selling opportunities, we’re strategically expanding our product offering

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Diabetes makes up 19% of Adapthealth's total revenues. If Quipt can do a similar %,  revenues can grow from $64M/qtr to $79M/qtr with no increase in SG&A.

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Note: Quipt ignored diabetes acquisitions in the past but now is entertaining that idea.      Douglas Cooper Okay. And so you have relationships with suppliers now and so forth. So there's no real CapEx involved to get into this business, right? And is there any acquisition opportunities in this? Greg Crawford Yes, there could be. Those are things historically that we&